To the list of articles25 december 2007
Regulatory Framework and Tendencies in Development of Small and Medium Business in Belarus
The conducted survey shows that legal administrative and barriers for private business development abound. According to the heads of Belarusian SMEs included in the survey, the main barriers include the instability and inconsistency of legislation; the high number of state agencies involved in supervision and inspection; the inadequate punishment of crimes; over regulation, obsessive documentation and a repressive tax system.